Redbox streaming service to cost $8 per month

Dubbed Redbox Instant, the service will debut in beta this month and go live in 2013. The service will cost $8 per month, the same as Netflix.

Additionally, users get four free DVD rentals per month from the company's thousands of kiosks. If you prefer Blu-rays, the service is $9 per month instead of $8.

For launch, the company has signed a deal with Epix, the content provider owned jointly by Metro-Goldwyn-Mayer, Lionsgate and Paramount. Epix is available through Netflix and Amazon Prime, as well.

Redbox Instant is a joint venture between Redbox and Verizon, with Verizon owning a majority share. The company has a lot of catching up to do, starting with 5500 movies and TV episodes and no original programming.

4 user comments

I'm not impressed with Redbox's selection of movies so for me Netflix would still be the way to go for low quality streaming which I'm not a fan of to begin with. But it is good to see that there is some competition starting up for sure...